Richard Heckmann’s gift to the University of California Riverside in Palm Desert was not just the money for a new entrepreneurship center, but also his continued time and expertise.
This entrepreneur shows how entrepreneurs can hire using the open house method. This process enables you and your top team to review a large pool of candidates that you may have not even considered if all you had seen were their resumes.
Rather than viewing compensation plans as a motivational tool, this entrepreneur believes they should be considered a means for managing risk and protecting the company’s cash assets. He explains his firm’s model, which is based on transferring more risk to sales associates, sharing resources across clients, and tying a portion of base salary to reaching certain revenue-related milestones.
All businesses, regardless of type, must comply with statutes and regulations, which come from all levels of government. These include regulations covering occupational safety and health as well as persons with disabilities.
When looking to recruit CEOs for his companies, the entrepreneur author argues it’s critical to consider in candidates a range of character traits, such as broad experience, objectivity, and respect for others. He shares his experiences in making the right and sometimes wrong hires and reveals key lessons learned.
This introduction provides a basic overview of buy-sell agreements and describes the three basic types.
For Terry Gold, preparing for pitching angels is more about demonstrating how your good idea is going to result in a great business than it is about developing documents and presentations.
The author asserts there are three tasks entrepreneurs need to do to attract the attention of angel investors. They are “the three shows”: show up, show enthusiasm, and show humility.
This article describes a process to conduct primary market research, such as gathering information and data from customers, suppliers, vendors, as well as your own employees.
Entrepreneurs benefit from knowledgeable third-party advice provided by advisors, writes the former chairman of a family-owned diamond business. The author describes his own dealings with informal mentors and the members of his formal advisory board.